Blustery winter weather and lingering concerns on the job front couldn’t deter consumers in February as spending continued to loosen up amidst a recovery that now appears to be in full swing….
Author: sportsoneauthor
Genesco Fourth Quarter Gains Driven by Hat World
Genesco Inc.’s fourth quarter earnings rose 12% and exceeded expectations, driven by strong sales at Hat World and its direct-to-consumer catalog and e-commerce businesses combined with higher gross margins and lower expenses…
Famous Footwear Swings to Q4 Profit on Largest Comp Gain in Over a Decade
Famous Footwear’s fourth quarter sales grew 9.7% to $342.7 million, driven by a 9% comp store sales increase that represented its largest quarterly gain in more than a decade…
Foot Locker Inc. Returns to Profitability; Sales Trends Improving
Foot Locker, Inc. reported that 2009 fourth quarter comp store sales decreased 2.3%, dragged down by a mid-double-digit decline at its U.S. store operations…
February Outdoor Sales Mostly Fueled by Snow
Fiscal 2010 started off strong for outdoor and snow sports sales across the country with several positive factors converging to drive consumers into retail shops. While many industry analysts are pointing to the Olympics as a major growth vehicle, it is h
Cabela’s Outlines Plans for 2010 and Beyond
On the heels of a fourth quarter that saw revenue for Cabela’s increase 5.5% on strength from its retail segment, management for the self-proclaimed World’s Foremost Outfitter conducted an analyst and investor day event to outline initiatives
Luxottica Slides in Fourth Quarter, but Oakley Shows Increases
Luxottica, which is the parent of Oakley and Sunglass Hut, reported consolidated sales were €1.15 billion ($1.71 bn) for the 2009 fourth quarter, down 6.4% (4.9% in constant-currency terms) from €1.23 billion ($1.62 bn) in the prior-year perio
ICSC: February U.S. Chain Store Sales Better Than Expected
The International Council of Shopping Centers reported that U.S. chain store sales in February rose by a strong 3.7% on a comparable store basis, a much better performance than previous expectations…
Eastern Mountain Sports Promotes Senior Managers
Eastern Mountain Sports promoted its COO and CFO Bob Mayerson to president as part of a series of senior management promotions at the regional outdoor retail chain…
Ultra Runner and Former VF Exec Named President at Mountain Hardwear
Columbia Sportswear Company has appointed as president of its Mountain Hardwear unit—a serious outdoor athlete who used to run the international business for VF Corp.’s Outdoor Coalition…
OIWC Sees 20 Reg’l Events in 2010
The Outdoor Industry Women’s Coalition, which is dedicated to helping women in the outdoor industry advance their careers, is hosting nearly 20 regional events in 2010 with a focus on six regions that are home to a concentration of outdoor companies
Big 5 Sporting Goods to Increase Store Openings Five-Fold in 2010
Citing attractive real estate prices and strong finances, Big 5 Sporting Goods will quintuple store openings this year, the company said last week…
Outdoor Coalition Wants Recreation to Play Bigger Role in U.S. Forest Service Planning
A coalition of national and regional outdoor groups, including Outdoor Alliance, Outdoor Industry Association, Appalachian Mountain Club, the Mountaineers and the Colorado Mountain Club, said it has submitted comments to the Obama Administration regarding
Americans More Inclined to Spend Tax Return on Big Purchases
After two years of paying down debt and skipping family vacations, many Americans plan to cautiously start spending their tax refunds once again, according to a survey released by the National Retail Federation…
Clark Wendlandt Joins Cabela’s Pro Staff
Professional angler Clark Wendlandt has signed on to become part of Cabela's Pro Staff team. In 2009, Wendlandt was named FLW Angler of the Year for the third time, more than any other angler, ranking him among the most successful tournament bass ang